LexisNexis Risk Solutions Report Reveals How Financial Institutions Are Regaining Visibility into Consumer Creditworthiness Through Alternative Credit Data

Forty percent of FIs Report Rising Delinquencies Amid Growing Economic Pressure ATLANTA, Oct. 30, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions unveiled the findings of its inaugural Global Consumer Lending Confidence Report. The study, conducted by Datos Insights, reveals that as visibility into consumer risk provided by traditional credit data shifts, financial institutions worldwide are expanding their use of alternative data throughout the consumer lending journey. Global financial institutions and co ...